- Late Stage Management marketed investment opportunities in SpaceX through special-purpose vehicles rather than direct share sales.
- The SPV structure provides exposure to private-company shares directly or indirectly through other funds and operates with limited regulation.
- An investor was told the SpaceX shares had been sold before trading began, limiting his expected gains.
引述
“The investment firm, Late Stage Management, wasn’t selling actual shares, but stakes in vehicles that it said held them.”
“They operate under few regulations and are supposed to be only for accredited investors, or those whose net worth or income reaches a certain threshold.”